L&T Realty Posts Highest-Ever Quarterly Presales of ₹5,000 Crore in Q3 FY26; L&T Green Reserve Noida Racks Up ₹4,000+ Crore in First Week
Record Quarterly Presales Drive L&T Realty to New Milestone
L&T Realty achieved its highest-ever quarterly presales of approximately ₹5,000 crore in the third quarter of financial year 2025-26 (Q3 FY26). The newly launched L&T Green Reserve project in Noida crossed ₹4,000 crore in presales within its first week. The disclosure came during the group's Q3 FY26 earnings call on January 28, 2026.
The presales milestone reflects sustained momentum in Noida's luxury housing segment, where Noida and Greater Noida together sold 3,550 luxury units in 2024, contributing 42% of NCR's total luxury housing sales. Sector 128, home to L&T Green Reserve, continues to anchor Noida's luxury market as an established premium location.
L&T Green Reserve Enters Noida's Ultra-Luxury Corridor
Spread across 6.1 acres within the prestigious Jaypee Greens Wish Town—a 1,162-acre integrated township with over 70% green cover—Green Reserve brings together timeless elegance and modern functionality. Strategically located near the Graham Cooke-designed 18+9 hole golf course, 95% of apartments offer uninterrupted golf course views.
The project marks L&T's ultra-luxury living offering in Delhi NCR for the first time. Spanning approximately 6 acres, the project features four towering high-rises of G+45 floors with about 580 apartments, including an initial launch of 265 units.
The property offers spacious 3, 4, and 5 BHK apartments ranging from 3,200 to 5,500 sq ft, with prices starting from around ₹4.99 crore for a 3 BHK, ₹6.3 crore for a 4 BHK, and going up to ₹8.25 crore for a 5 BHK unit.
Sector 128 and the Broader NCR Luxury Shift
The first-week presales response reflects broader trends reshaping Noida's residential market. Developers active in Noida are witnessing a noticeable shift in the profile of luxury homebuyers, with an increasing number purchasing residences for self-use rather than purely for investment. Developers are increasingly focusing on creating projects that prioritise long-term liveability, supported by larger residences, curated amenities, lower-density planning and integrated community infrastructure.
Delhi-NCR recorded the highest annual price appreciation among India's top seven cities in 2025, with average residential prices rising around 24% year-on-year. Over a five-year horizon, cumulative price growth across NCR has crossed 80%, with Greater Noida and Noida emerging as standout performers.
L&T Realty's Footprint and Strategic Context
Established in 2011, L&T Realty is the real estate arm of Larsen and Toubro. With an extensive portfolio spanning 6.50 million square metres (70 million sq ft) across residential, commercial and retail developments, the company is currently present in Mumbai, Navi Mumbai, NCR, Bengaluru, Hyderabad and Chennai.
L&T Realty has successfully created iconic developments such as Seawoods Residences in Navi Mumbai, Crescent Bay in Parel, Emerald Isle in Powai, and Raintree Boulevard in Bengaluru. The Green Reserve launch extends this portfolio into the premium NCR corridor at a time when Noida's luxury segment is attracting significant end-user and institutional capital.
Possession of L&T Green Reserve is proposed to commence from May 2028, applying to all four towers within the project.
